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THIS MORNING: Mubadala eyes stake in Italian telecom giant + Softbank’s Masayoshi Son sounds out GCC investors for AI fund
Plus: Airtel Money shares slip on IPO debut
Emirati agri players take their investments overseas, Arada’s plans for Australia and Dana Gas’s for graphene are put to work, New Mountain lands in ADGM
Elite Agro Holding will channel AED 660 mn into farms across the UAE, Morocco, and Mauritania
UAE project awards fall 26% in 3Q as construction contracts plunge
The UAE still grew its share of a shrinking GCC projects market to 33%, as a USD 6.2 bn gas…
Rox eyes new energy storage platform + UAE, Washington follow up on AI ties
Rox’s plans focus on battery options from lithium-ion to long-duration thermal, gravity, and compressed-air storage.
Adnoc to supply Thailand’s Gulf Group 2 mn tons of LNG
The oil and gas giant’s LNG book has been expanding in Asia recently
DIB gets a new chairman and Modon’s MD steps back
Dubai Islamic Bank tapped Fadhel Abdulbaqi Al Ali as chairman
THIS MORNING: UAE officials order investigation into flydubai incident + Paramount takeover gets a timeline and a financing plan
Plus: FAB is eyeing syndicating part of its USD 5 bn swap with Nigeria
THIS MORNING: L’imad set to be main driver of Hormuz bypassing + EGA shifts more exports to the east coast
Plus: Chinese autonomous-driving player Momenta Global is set to bring robotaxis to Dubai in 2027
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